US EditionPrime Mining Securityholders Approve Transaction with Torex Gold - Prime Mining (OTC:PRMNF)
Prime Mining securityholders approved the acquisition plan with 99.991% of votes cast, pending regulatory and court approvals for closing in Q4 2025.
- Prime Mining Corp.'s securityholders approved the plan of arrangement with Torex Gold Resources Inc. at a special meeting on September 29, 2025, in Vancouver.
- The approval followed extensive preparations and disclosures, with the arrangement subject to regulatory, court, and securityholder approvals, including TSX and Mexican antitrust clearance.
- Torex will acquire all of Prime’s outstanding common stock, with the transaction receiving support from 99.991% of the votes cast by Prime’s shareholders.
- The closing is expected in the fourth quarter of 2025, pending satisfaction of customary closing conditions and regulatory requirements, while forward-looking statements caution that risks may cause actual results to vary.
- The transaction will result in Prime Mining losing independence and integrates it under Torex Gold’s ownership, potentially influencing its strategic direction and operations.
12 Articles
12 Articles
Prime Mining Securityholders Approve Transaction with Torex Gold - Prime Mining (OTC:PRMNF)
VANCOUVER, British Columbia, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Prime Mining Corp. ("Prime" or the "Company") (TSX:PRYM) (OTCQX:PRMNF) (Frankfurt: O4V3) announces that the Company's securityholders have approved the plan of arrangement (the "Arrangement") with Torex Gold Resources Inc. ("Torex"), whereby Torex will, among other things, acquire all of the issued and outstanding common shares of the Company (the "Prime Shares"). The vote was passe…
Prime Mining Shareholders Approve Acquisition by Torex Gold
Prime Mining Corp. (TSX:PRYM, OTCQX:PRMNF, Frankfurt:O4V3) has received shareholder approval for its proposed acquisition by Torex Gold Resources Inc., marking a key milestone in the companies’ strategic consolidation. At a special meeting held on 29 September 2025, 99.991% of votes cast supported the plan of arrangement, which will see Torex acquire all outstanding Prime common shares. The vote also passed across all required classes, including…
Coverage Details
Bias Distribution
- 70% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
